Commercial Real Estate Market in Hillsborough, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
33 active listings and 8 off-market properties in Hillsborough, NH.
Market Trends
Hillsborough, NH spans 82.5 square miles in Hillsborough County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hillsborough, NH runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Hillsborough, NH runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Hillsborough, NH runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Hillsborough, NH asks $260/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 86.6%
- Residential 8.4%
- Commercial 4.4%
- Special 0.6%
Largest Zones share of zoned land by district
Rural
Residential
Commercial
Emerald Lake Village Residential
Village Residential
Market overview
Demographics & Economy
Hillsborough, NH has 8,001 residents in 3,667 households. Density runs 97 people per square mile. Median household income here is $93,886 and median gross rent $1,112 a month.
8,001
Population
3,667
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
95%
High-School Grad
82.5 sq mi
ZIP Area
97
Density / Sq Mi
$93,886
Median Household Income
$51,022
Median Earnings
$1,112
Median Rent
$252,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hillsboro | — | — |
| Deering | — | — |
| Henniker | — | — |
| Windsor | — | — |
Commercial property in Hillsborough, NH asks $151/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hillsborough?
Commercial property in Hillsborough, NH asks an average of $151 per square foot. Multifamily carries the highest asking price at $260/SF.
Where does Realmo's Hillsborough market data come from?
Realmo compiles Hillsborough, NH figures from 31 active sale listings, 2 active lease listings, 8 tracked off-market properties, the current Hillsborough zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 31 active for-sale and 2 active for-lease listings in Hillsborough, NH. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 28,432 zoned acres across 8 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
